2-bedroom flat · B20 2NZ
Under offerReduced £5k (−4.3%) on 22 SepListed 324 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Yopa Presents: A Spacious 2-Bedroom Maisonette in Highly Sought-After Handsworth Wood 🌟 Located in the quiet and desirable Richmond Close , just off Butlers Road, this well-presented 2-bedroom flat/maisonette offers generous living space, a long lease, strong rental potential, and excellent local amenities-perfect for first-time buyers, downsizers, or investors.
Property Features Two well-proportioned bedrooms Spacious separate lounge Modern fitted kitchen Family bathroom 140 years lease remaining Lease Start: 20/07/2016 Lease End: 24/03/2166 Original Term: 25 March 1977 – 24 March 2166 EPC Rating: C Council Tax Band: A (Est.
£1,497 per year) Built between 1967–1975 Service Charge: £2,100 per annum Ground Rent: £50 per annum Allocated & on-street parking available Quiet, well-kept residential cul-de-sac Investment Potential The current vendor is successfully using the property as an Airbnb , generating approximately £2,000 per Month This provides a useful income stream and demonstrates strong short-let demand in the area.
Location & Amenities Handsworth Wood is a highly regarded, green, and peaceful residential area with excellent community facilities.
Richmond Close benefits from: Strong transport links to Birmingham City Centre, local bus routes, tram services, and easy access to A34, A4041, and M6 (J7).
Nearby shopping including local stores, supermarkets, as well as Perry Barr’s One Stop Shopping Centre. Green spaces such as Handsworth Park, Perry Hall Park, and Sandwell Valley Country Park.
Good local schools - a mix of primaries, secondaries, and academies nearby. Local amenities including gyms, cafés, restaurants, takeaways, medical centres, and places of worship.
Why This Property Stands Out Long 140-year lease Quiet and desirable location Strong rental and Airbnb potential Ideal for first-time buyers or investors Spacious layout with separate rooms Parking available Close to key transport links and amenities For further details or to book a viewing, contact Yopa Birmingham today.
Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact.
All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
Please inform us if you become aware of any information being inaccurate.
Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement.
We use a specialist third party service together with an in-house compliance team to verify your information.
The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 9, Richmond Close, Butlers Road, Birmingham
Explore nearby